Thursday, March 17, 2016

Jindal Drilling & Industries Ltd @ 127.40

1. Jindal Drilling & Industries Ltd is a 5 rupee face value Drilling, Oil Exploration & Production company.

2. Year high of Jindal Drilling & Industries Ltd is 186.30 year low was 102.60 and stock traded at 127.40, Year high/ low ratio is  below 2 as per my rule of stock screening I think price of jindal drilling is stable.,  If you are new reader of my blog and not familiar with my research terms then please see my research terms at this link
3. Promoters of Jindal Drilling & Industries Ltd hold 63.71% % FII hold 0.08 % and  Bodies corporate hold 20.23% stocks%. Promoters holding is sound with nil pledged stocks.
4.Jindal Drilling & Industries Ltd pay 0.50 per share dividend since last 5 years.
5. Base price of Jindal Drilling & Industries Ltd is 179.40 So CMP is 28.98% below from base price. I think this price ( Near 110-140) is best for long term buy.
Click here to download last 3 year closing price with graph
6. No any bonus issue right issue and bulk deals is recorded  in last 2 year.
7. Jindal Drilling & Industries Ltd net sale per share of FY 14-15 is 153.50.
8. Net sale per share is 20% above from market price so I think this stock have potential to give good returns.
9. Book value of Jindal Drilling & Industries Ltd is 279.28 So in book value term this stock is traded below book value and will be a value buy. 
You can easily calculate fundamental target price of a stock with help of my book, see chapter 5 (page 28) of my book or if you do not buy my book yet then visit this link for understand how to calculate fundamental target price of a stock.:-
8. Overall I think Jindal drilling is a best multi-bagger dividend paying value buy for long term holding.
9. 200 DMA of Jindal Drilling & Industries Ltd is 136.31 and at CMP 127.40 This stock is traded below his 200 DMA ,So please do not buy it for a trading run this stock is good long term holding pick and not good for trading.
11. Disclaimer:- This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time.The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please  read full disclaimer at the bottom of my blog.
12.Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not hold any share of Jindal Drilling & Industries Ltd so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( Jindal Drilling & Industries Ltd). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not  received any type of compensation from the subject company(Jindal Drilling & Industries Ltd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company ( Jindal Drilling & Industries Ltd). 6. I have been not engaged in market making activity for the subject company (Jindal Drilling & Industries Ltd).



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disclaimer:-Trading in stock market is very risky. This website is not perfect. This is not an advisory service to buy or sell. The contents of “maheshkaushik.com” are only for educational purposes. No liability is accepted for any content in “www.maheshkaushik.com”. Subject to pindwara(india) jurisdiction only. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice.. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, author of this website is not a trend technical analyst.